Oil Prices Hold Steady as China Holds the Fort – OPEC Meeting Looms Large! In a rather tepid tango, oil prices wiggled only slightly in the Asian market as China, the oil importer extraordinaire, decided to keep its benchmark interest rates unchanged. All eyes are...
According to Bloomberg News, Blackstone appears to be sprinting ahead in the race to claim the $17 billion trove of commercial-property loans from the U.S. Federal Deposit Insurance Corp (FDIC), part of the ongoing sale of Signature Bank (OTC:SBNY) debt. This...
Oil Takes a $3 Dive: Oversupply Signals Trigger New York’s Slide In the world of black gold, Thursday saw a nosedive in oil prices, dropping over $3 a barrel. New York investors weren’t dancing to a happy tune as signs of a looming supply surge in the US...
In a noteworthy move, Bank of America (BofA) revised its stance on StoneCo (STNE) shares, flipping the switch from Neutral to Buy and significantly upping the price target from $13 to $17 per share, as detailed in a note released on Thursday. Analysts, sharing...
2024 Forecast: U.S. Regional Banks Face Stormy Weather, Favors the Bigger Fish Fitch, the fortune-teller of finance, peered into its crystal ball and saw storm clouds gathering over U.S. regional banks in 2024. They warned that smaller fish in this financial sea might...
